C P Singh appointed CMD of NTPC-BHEL Power Projects

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New Delhi, Sep 2 (UNI) Mr C P Singh, Director (Engg., R&D) on the BHEL Board, has been appointed CMD of the newly-formed joint venture-- NTPC BHEL Power Projects Private Limited (NBPPL).

NBPPL will have a capacity of 5,000 MW per annum by 2014-15 with a likely investment of Rs 6,000 crore. The resultant turnover is likely to touch Rs 10,000 crore by 2015 and will reach Rs 20,000 crore by 2020, a BHEL press statement said today.

NBPPL is planning to dilute its shares up to 50 per cent with a view to inviting private partners to improve overall effectiveness and efficiency.

UNI YJ AK HT1552

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